Zero Gearing/Borrowings and good fundamental Company. High Cash (Is King) position of RM200m plus with good dividends. Ever increasing Cash position from Quarter On Quarter. Highly profitable export company and dipped in Revenue/Profit understandable in current challenging economic environment and towards tail end of product life-cycle for the main Customer. Main Customer will definitely continue to place reliance on tried and tested Suppliers for new innovative products. Good and fantastic entry level when the share price dipped below RM1 recently due to irrational selling pressure.
whole world is going crazy over Dyson hair dryer...People are queing up to buy..limited stocks, only allowed to buy 1 unit per pax...hotter than Apple I-phone...SKP Resources next few quarters results will be very impressive...
Bila enjin nak Jalan ke next level? Pi mai pi mai., 1.30-1.34. Habih Habih tunggu le dividend tengok gayanya.. makanlah kacang...Uncle James nak pi satu Malaysia roadshow ni. Hagahaha
Day 61 of Fundamental Daily, YAPSS will be covering SKP Resources Bhd's fundamental via a short animated video. I hope it helps and please enjoy the video, see ya! #YAPSS #FundamentalDaily #SKPResourcesBhd
Used to own SKP from 0.35 to 0.65. Now it is coming back down. SKP's return on capital has been really good. Only thing I don't really like is the founder's salary. Almost as much as how much SKP earns per quarter.
Fundamental stock with good earnings and Zero gearing but in oversold territory. Ample Cash in Balance Sheet which is very favourable in this challenging economic climate.
AGM yesterday already approved the 3.84 sen dividend (Ex Date 3/10) and Share Buy-Back (Ample Cash in Balance Sheet and continuous quarterly earnings). In addition, read the commentary on Future Prospects in the latest QR. Last Call & Value Buy at current level :)
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This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
Vulture123
405 posts
Posted by Vulture123 > 2019-01-16 19:52 | Report Abuse
Zero Gearing/Borrowings and good fundamental Company. High Cash (Is King) position of RM200m plus with good dividends. Ever increasing Cash position from Quarter On Quarter. Highly profitable export company and dipped in Revenue/Profit understandable in current challenging economic environment and towards tail end of product life-cycle for the main Customer. Main Customer will definitely continue to place reliance on tried and tested Suppliers for new innovative products. Good and fantastic entry level when the share price dipped below RM1 recently due to irrational selling pressure.